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Real Estate

Vancouver city council defers $10M in community-oriented funds for local developer

Vancouver city council defers $10M in community-oriented funds for local developer

City report cites interest rates and increasing costs, but Anthem Properties says the issue lies in the housing approval process
Housing starts in Vancouver fell 45 per cent in May: CMHC

Housing starts in Vancouver fell 45 per cent in May: CMHC

National housing agency says seasonally adjusted annual rate of housing starts fell about 60K units between April and May
Permitting changes at Vancouver City Hall won’t fix key issues, industry says

Permitting changes at Vancouver City Hall won’t fix key issues, industry says

Builders hope recently passed changes are just two of the many updates city hall plans to make to its housing permitting and approval process
Four B.C. cities have Canada’s lowest property tax rates: Zoocasa

Four B.C. cities have Canada’s lowest property tax rates: Zoocasa

Lower tax rates fuel competition and attract investors, putting average homebuyers at a disadvantage, says online brokerage firm
City of Vancouver launches digital permitting tools for housing

City of Vancouver launches digital permitting tools for housing

Announcement follows the province setting its sights on becoming a digital permitting leader
B.C.’s residential home sales snap back in May: BCREA

B.C.’s residential home sales snap back in May: BCREA

Average home prices reach over $1M for the first time since April 2022
Decision on controversial Vancouver Chinatown condo project expected June 26

Decision on controversial Vancouver Chinatown condo project expected June 26

Development permit board hears overwhelmingly from citizens to reject Beedie's proposal
FirstService to launch suit against province over changes to strata insurance

FirstService to launch suit against province over changes to strata insurance

Imminent rule change may increase strata costs and exacerbate shortage of strata property managers
'Ridiculous': 14 levels of underground parking in proposed 80-storey Burnaby tower draw concerns

'Ridiculous': 14 levels of underground parking in proposed 80-storey Burnaby tower draw concerns

'It’ll take 10 minutes just for somebody to park their car,' says city councillor
Affordable housing solution is ‘right in front of us’

Affordable housing solution is ‘right in front of us’

Canada’s largest landlord says manufactured home parks hold the solution to soaring rental and housing costs – and are also ripe for investors